Payment Rails hires VP Engineering from Silicon Valley

Payment Rails has expanded with the addition of David Koblas as their new VP Engineering.

The Montreal-based cloud technology platform announced yesterday that Koblas would be joining the team ahead of the public launch.

Payment Rails CEO Tim Nixon worked for a PayPal competitor before setting out to build “the most powerful payout API that can pay anybody in any payment method, in some cases instantly.” It functions in 220 countries and 150 currencies. Their target use case is for an online marketplace or platform like Airbnb or Etsy; really, any company needing to make regular payouts to sellers on their platform.

Koblas will oversee the engineering team as the company continues its mission to build the world’s most powerful payout API.

“Finding the right person to head up our engineering and tech team was incredibly important for us. We started the search process to find our VP Engineering over 6 months ago. After initial meetings with David, it became very clear he was the right person to take our API platform and team to the next level,” Tim Nixon, Co-founder and CEO of Payment Rails told MTLinTECH.

“We know David was in high demand, and it was solid validation of our vision that he decided to join Payment Rails over some of the other opportunities he had. We are very happy to have him join our leadership team.”

Most recently, Koblas was the VP Engineering at Tubular Labs in Mountain View, Silicon Valley. With over 20 years of experience in software development and development team management, he has previously led teams at Yahoo, Adobe Systems, and Silicon Graphics.

“I am very excited to join Payment Rails in Montreal, and work with the talented and diverse development team already in place,” Koblas told MTLinTECH. “Montreal is a great city to both live and build a tech business in, with a deep pool of top development talent to draw on, which will be a competitive advantage as we scale the Payment Rails platform.”